Search Results for: detection

Artificial Intelligence Guest Posts InsurTech Security

How AI Is Enabling Advanced Fraud Detection for Insurance Claims

Mubbin Rabbani
by Mubbin Rabbani0
In the ever-evolving landscape of insurance, detecting fraudulent claims is a critical yet challenging task. Traditional methods have often fallen short, leaving insurers vulnerable to sophisticated fraud schemes. However, advanced artificial intelligence (AI) and machine learning (ML) techniques are revolutionizing this space, notably through the use of cohort analysis, to......
Zest AI Debuts AI-Powered Fraud Detection for Lenders
Lending News

Zest AI Debuts AI-Powered Fraud Detection for Lenders

PR Newswire
by PR Newswire0
Zest Protect helps lenders decision loans more confidently with accurate, holistic application fraud detection  Zest AI, the leader in AI lending technology, announced its new fraud detection solution, Zest Protect. Zest Protect quickly and accurately identifies fraudulent activity during the loan decisioning process, helping credit unions, banks and other lenders navigate the......
ThetaRay Revolutionizes AI Financial Crime Detection with Screena Acquisition
Fintech News

ThetaRay Revolutionizes AI Financial Crime Detection with Screena Acquisition

PR Newswire
by PR Newswire0
The acquisition is a key milestone in ThetaRay’s mission to use AI in the fight against financial crime.  As the leading comprehensive, cloud-based financial crime detection platform, ThetaRay enables financial institutions to identify trusted transactions and trusted customers across all banking activities. This recently won ThetaRay an award for Best Use of Data for......
Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
by PR Newswire0
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI
Artificial Intelligence Finance News

Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI

Business Wire
by Business Wire0
Informed.IQ, the fastest growing technology supplier of AI verification software to the finance industry, and Fuse, a next-generation loan origination system (LOS), announced they’ve launched an integrated solution that powers streamlined verifications and fraud detection for financial institutions. “This integration marks a significant milestone in our mission to revolutionize software......
CLARA Analytics Launches Groundbreaking AI-Based Fraud Detection for Workers’ Compensation Claims Management
Artificial Intelligence Finance Fintech News

CLARA Analytics Launches Groundbreaking AI-Based Fraud Detection for Workers’ Compensation Claims Management

Business Wire
by Business Wire0
Insurers Will See Significantly Reduced Operational Expenses and Improved Outcomes CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the launch of a groundbreaking new fraud detection product that leverages the company’s AI platform and large workers’ compensation datasets to increase visibility......
Draper Wins $26M Pentagon Contract for Remote CBRN Detection Using Autonomous Teaming Drones
Fintech News

Draper Wins $26M Pentagon Contract for Remote CBRN Detection Using Autonomous Teaming Drones

PR Newswire
by PR Newswire0
Under a $26 million contract with JPEO-CBRND, Draper will advance the development of its unmanned autonomous system so that it can operate in team formations and degraded operating environments. Draper announced it has been awarded a $26 million (all options) contract by the U.S. Department of Defense (DOD) to further expand the......
Treasury Prime Announces Partnership with Effectiv to Bring Fraud Detection to Enterprises and Banks
Banking News

Treasury Prime Announces Partnership with Effectiv to Bring Fraud Detection to Enterprises and Banks

PR Newswire
by PR Newswire0
Customers can now leverage Effectiv’s Transaction Monitoring solution to detect fraudulent behaviors, reducing the risk of financial loss and reputational damage Treasury Prime, a leading embedded banking software company, announced its strategic partnership with Effectiv, a fraud and risk management platform for financial institutions and fintech companies. This collaboration will empower companies......
Truecaller Acquires TrustCheckr, A Fraud Detection Service
Fintech News

Truecaller Acquires TrustCheckr, A Fraud Detection Service

PR Newswire
by PR Newswire0
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, has acquired the India-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr that through a SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckrs current offering has......
Bit Builders Delivers Turnkey Check Fraud Detection Solution with OrboGraph
Banking News

Bit Builders Delivers Turnkey Check Fraud Detection Solution with OrboGraph

PR Newswire
by PR Newswire0
Integration of OrboGraph’s OrboAnywhere Fraud Module with Bit Builders’ NextGen Digital Banking offers a stand-alone platform Bit Builders Inc., creators of the NextGen Digital Banking platform, announced its business partnership with OrboGraph, a global leader in check and payment processing automation. The collaboration provides an industry-leading platform financial institutions can leverage to......
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